Chief Financial Officer, Union County General Hospital (, NM, United States)
Community Hospital Corporation
The CFO at Union County General Hospital in Clayton, NM will follow the direction of the Chief Executive Officer, Hospital Board of Directors and CHC’s Senior Vice President of Hospital Financial Operations. The CFO is responsible for providing leadership and oversight of the overall financial planning and financial operations of the hospital while ensuring compliance with the hospital’s mission, vision, values, goals, strategic direction, and applicable laws and regulations.
S/he appraises the organization's financial position and issues periodic financial and operating reports; directs the hospital's financial planning, revenue cycle, payroll, and accounting practices; oversees and directs treasury, budgeting, audit, tax, purchasing, and real estate. The CFO develops and implements policies and procedures to include safeguarding of assets and adherence to generally accepted accounting principles; ensures proper accountability and reporting to federal and state agencies and all matters pertinent to a fiscally responsible flow of operations. S/he assures the implementation and adherence to CHC system-wide financial policies and procedures.
The CFO is responsible for positive relationships and effective communications with lending institutions, the financial community, Community Hospital Corporation, medical staff, employees, volunteers, community representatives and board members as appropriate. S/he fulfills the leadership role in the CEO’s absence, as delegated.
Major Responsibilities
- Supports the mission of the hospital.
- Assures hospital compliance with federal, state and local government laws and regulations, accrediting agency standards and hospital policies and procedures rules and regulations.
- Participates in the development of the facility’s strategic plan and short and long-term objectives which will ensure the continued growth of the facility and the provision of necessary services to the community; implementing plans and programs as approved by the governing board.
- Operations Management: Collects and analyzes data from internal and external sources regarding current way of doing business, finance, accounting, information management and related processes. Conducts needs analysis, identifies and prioritizes needs, applies good problem solving skills. Identifies alternate processes and potential solutions and acts to implement changes to improve financial operations.
- Safety and Quality of Care: Leads and maintains a culture of safety and quality including a safe functional environment. Provides opportunities for all who work in the hospital to identify safety and/or quality issues, bring issues to management’s attention, and participate in safety and quality initiatives and planning.
- Financial Management: Participates in the preparation and management of sound operating, project and capital budgets. Ensures the effective use of risk management, financial controls, productivity measures, reimbursement principles and contracting. Meets budget-critical financial metrics. Effectively negotiates third-party contracts. Provides stewardship of all financial and physical resources.
- S/He will supervise the Business Office, Medical Records, Information Technology and Materials Management/Purchasing.
Qualifications
- BS/BA degree in finance, accounting, business or a related discipline required
- A CPA designation preferred
- A graduate level degree is a plus
- Critical Access Hospital experience is a plus
Experience and Skills
- 5 – 7 years of progressive career experience in Hospital Finance/Accounting. Hospital CFO experience required.
- Requires managerial experience and demonstrated understanding and experience with hospital financial reporting, revenue cycle management, accounting, budgeting, accounts payable, treasury, audit, tax, payroll, information technology and materials management.
- Knowledge of hospital and health care practices and procedures as well as laws, regulations, and guidelines pertaining to healthcare finance.
- Knowledge of financial management, accounting systems, treasury practices, risk management, financial controls, productivity measures, risk management, reimbursement principles, managed care contracting, information management, and materials management.
- Knowledge of and demonstrated skill in leadership, strategic management, change management, communications, team building, continuous quality improvement, problem solving, decision-making, innovation, and stewardship of resources.
- Possess a strong customer service orientation.
- Proficient PC skills, including Microsoft Word and Excel spreadsheets, Word and PowerPoint.
- Ability to work with Medicare system and be adaptable to changes.
Compensation and Benefits
We offer a competitive base salary, relocation package along with an incentive compensation plan. A competitive benefits package including health, dental, and vision plans, generous paid time off and retirement savings are provided.
CHC is a tobacco and drug free workplace. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
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